Delaware Division of Small Business Launches Delaware Opportunity Zone 2.0 Mapping Tool
“Technology makes opportunity more accessible for everyone, and we launched this mapping tool to make the Opportunity Zone nomination process simpler while there is still time for communities to weigh in,” said Governor Meyer. “This tool helps local leaders, property owners, and community partners engage in the process and compete for the investments and jobs their communities deserve.”
“We’re excited to launch this mapping tool as we’ve had many people ask when it would be available,” said DSB Director of Special Projects Patricia Cannon. “I want to thank our partners at the Office of State Planning who were able to produce this map so quickly after receiving the federal list.”
The Opportunity Zone webpage also hosts a form that allows developers, financial institutions, property owners, officials, potential investors, and community leaders to nominate census tracts for Governor Matt Meyer’s consideration. Governor Meyer has between July 1 and September 30, to submit 25 census tracts to US Treasury.
The nomination form can be found at https://degovforms.formstack.
Those submitting nominations for are encouraged to write a strong business case and recruit other stakeholders to do the same to bolster their submission. It is important to remember that all Census Tracts that were previously designated in the original Opportunity Zone program, also known as OZ 1.0, will sunset and no longer be eligible for new QOZ investments after 1/1/2027, unless they are re-nominated and re-designated under OZ 2.0.